IPT integrates several mechanisms to ensure a long-term value preservation:
Schedule burns reduces supply to counteract inflation from staking and farming reward
users can earn rewards through staking and farming partnership, allowing for synergistic compounding of multiple tokens.
The deflationary nature of IPT enables holders to store and grow their wealth over time
Built on Algorand blockchain, IPT benefits from: Technology
Speed and Scalability: fast transaction processing with low fees
Decentralized and Secure: high security and trust through Algorand’s pure Proof-of-Stake mechanisms
Interoperability: opportunities for partnerships and innovative use cases within the growing Algorand ecosystem
While the Infinite Potential Token aims to create a sustainable model for passive income generation and wealth preservation through deflationary mechanisms, there are inherent risks associated with any investment in cryptocurrency. Factors such as market volatility, regulatory changes, technological challenges, and competition may affect the value of IPT. The team does not guarantee the success of the project or the future performance of the token. The Infinite Potential Token will adhere to all applicable laws and regulations in its operation. The team is committed to maintaining transparency and compliance, and any updates regarding regulatory changes will be communicated to the community.
This whitepaper may contain forward-looking statements regarding the future performance and development of the Infinite Potential Token. These statements are based on current expectations and assumptions that are subject to change. Actual results may differ materially due to various factors, including but not limited to market conditions, technological advancements, and regulatory developments.
The Infinite Potential Token will adhere to all applicable laws and regulations in its operation. The team is committed to maintaining transparency and compliance, and any updates regarding regulatory changes will be communicated to the community.
By participating in the Infinite Potential Token ecosystem, users acknowledge that they understand the risks involved and accept full responsibility for their decisions. It is crucial for users to be aware of the legal and tax implications of cryptocurrency investments in their jurisdiction.
1.6 million tokens were paired with 16k Algo to create the initial LP. The LP tokens will be sent to a burn vault to ensure liquidity and prevent depletion of liquidity by creator or any large holders. Swapping begins, liquidity/price stabilizes organically. Staking and LP farming to be set up on cometa.org. Both long and short-term staking will be available with varying APR, IPT/Algo LP tokens will be able to be farmed for a high APR and no lockup period to give holders flexibility with their tokens. Airdrop, 500,000 (5%) IPT to be distributed to all holders at time of drop. Holding any amount qualifies wallet for airdrop.
First burn. Following the airdrop (minimum of one week after), 500,000 (5%) IPT will be sent to a burn vault. This will be done to counteract a potential selloff following the airdrop and initial liquidity provision and give an advantage to early/pre-burn investors' partnership program.
up to 5 peer projects will be adopted as partners and will recieve 200,000 tokens (2%) each with 100,000 (1%) allotted for LP with said token and 100,000 to be used for staking rewards or other community incentives. The goal of this program is not only strengthen community relations but to increase liquidity and distribution amongst inifinite potential token and partner projects.
Beginning of January 1st, 2025, quarterly burns of 100,000(1%)will commence. partnership established in stage ii will continue with staking and farming pools to be updated and rotated. NFT incorporation expored and implemented.
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